"RV UPDATE" BY MARKZ, 16 JUNE

 MarkZ   

[via PDK]  

Question:  Is it necessary for Iraq to publish the rate in the budget before we make appointments?  MarkZ:  I do not think it’s necessary. I believe they will try to keep the rate private as long as possible like what they did with Kuwait.

 Question:   I saw that Iraq has holidays coming up. Would this slow them down releasing the rates? MarkZ:   Everytime we have looked in the past we saw Kuwait revalued during Ramadan…. Iraq revalued in the early 70’s during a holiday. I wouldn’t be too worried about those things.

 It certainly appears to be the “Perfect Storm” right now...

 [Referencing Mike Bara post below, 6-14-2024]   Revaluating? I thought this was important...I had sat down with some bankers who wanted to run through scenarios with me and my currency and train some people. And that was the exact term they used in banking then. It is going to revaluate…Its revaluating. That is the terms the banks use. They do not say RV or that it’s going to revalue. Its revaluating.

Iraqi Dinar || Iraqi Dinar Massive Latest Update Today 2024 / IQD RV / I...

"JUST AS WE SAID... ATM's NEXT!!!" BY FRANK26, 16 JUNE

 KTFA

FRANK26:"JUST AS WE SAID... ATM's NEXT!!!".............F26

Withdrawing has become easier.. Al-Rafidain begins deploying ATM machines in institutions and malls

Baghdad –

 

Today, Friday, Rafidain Bank began deploying ATM machines in its main branches, then institutions, commercial areas, and malls.

The bank stated in a statement, a copy of which was received by the 964 Network:

Al-Rafidain Bank begins deploying ATM machines
in its main branches, and then institutions, commercial areas, and malls, respectively, in implementation of its strategic objectives in enhancing the spread of the bank’s services in accordance with Al-Rafidain’s strategy to enhance financial inclusion
and provide the best services to its customers.

Media Office
of Rafidain Bank

"AN ATM PICTURE IS WORTH... A TRILLION DINARS & MORE!!!"......F26

LINK

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"THE MONETARY REFORM POSITIONS THE ATM MACHINES FOR THE CITIZENS OF IRAQ!!!".....F26

Al-Rafidain begins deploying ATM machines in its main branches

 

6/14/2024

Today, Friday, Rafidain Bank announced the start of deploying ATM machines in its main branches.

His media office stated in a statement received by Mawazine News, “The bank has begun deploying ATM machines in its main branches and then institutions, commercial areas, and malls, respectively.”

He added, "This is in implementation of its strategic objectives in enhancing the spread of the bank's services in accordance with Al-Rafidain's strategy to enhance financial inclusion and provide the best services to its customers."

LINK

"RV UPDATE" BY MILITIAMAN, 16 JUNE

 Militia Man 

  If they have a real effective exchange rate like al-Sudani said, that the dinar is going to be stronger than the dollar, the parallel market goes away...Obviously the stronger the currency is the cheaper it is for Iraq to do what they need to do.  It's a no-brainer.  It's that simple.

The black market is going to exist if the United States dollar is less than the Iraqi dinar...There's not much demand for the dollar now...They've got it under control.  Is it showtime? I sure hope so.

 I don't care if you've been in this for 20 years.  What we're seeing now is completely different.  It's a progression.  Some people don't like the progression.  They just want it to be over and done. Welcome to the club.

----

You kind of need the IMF article VIII compliance and that's what we're waiting for which is a real effective exchange rate.  I think these guys are about ready to expose that.  I think al-Sudani...Alaq from the Central Bank of Iraq all of them have this in their eyes to see this come to fruition and very quickly...

Anybody going with Sudani is going against the mafias and going against those that are going to have their dollar auctions dry up.  

They're going..FOR READ MORE:

https://dinarevaluation.blogspot.com/2024/06/rv-update-by-militiaman-10-june.html

Anybody going with Sudani is going against the mafias and going against those that are going to have their dollar auctions dry up.  
They're going to have lots of different little things happen to them that are going to be painful.   Anybody that's holding the dollar when they change the exchange rate...those exchange companies, 197 banks that got tagged by the central bank...
they're going to have a painful experience because if you're no...FOR READ MORE:https://dinarevaluation.blogspot.com/2024/06/rv-update-by-militiaman-10-june.html

----https://dinarevaluation.blogspot.com/2024/06/summary-of-militiaman-13-june.html

PIMPY: Pimpy and the Dinar Wolverine 06/15/24

"SUDANI PROTECTS THE MONETARY REFORM!!!" BY FRANK26, 16 JUNE

 KTFA

FRANK26: "SUDANI PROTECTS THE MONETARY REFORM!!!"...........F26

Revealing the embezzlement and waste of 200 million dinars of public money in an Iraqi governorate

6/14/2024

The Federal Integrity Commission revealed, on Friday, that an arrest warrant had been issued against a former official in the Samawah Municipality Directorate. For embezzling nearly two hundred million dinars of public money, in addition to issuing an order to bring in two officials in the directorate.

The Government Information and Communications Office indicated in a statement today that the work team consisting of the staff of the Authority’s investigation office in Muthanna, which moved on (6/12/2024) to the Samawah Municipality Directorate, revealed, after investigation, auditing and review work, the existence of financial violations and cases of embezzlement of money. This year, it was carried out by the former municipal collection official, explaining that he cut off the collection receipts for the real amounts owed by the citizens and collected from them, and tampered with the second copy of the “carbonated” receipt by registering it with amounts that were less than the real amounts actually deducted.

The office continued that the accused was paying the smaller amount to the directorate’s fund. Based on the “carbonated” copies that he tampered with, explaining that the audit work concluded that as a result of tampering with the receipts and distorting the amounts and their dates; In order to overcome the payment delay period, an amount of (198,920,467) one hundred and ninety-eight million dinars of public money was wasted.

He continued that the judge of the Integrity Investigation Court in Muthanna issued an arrest and investigation order against the accused, the former collection official in the Samawah Municipality, in addition to bringing in the accounts, control and internal audit officials there, based on the provisions of Article (315) of the Penal Code.

LINK

 

"RV UPDATE" BY MIKE BARA, 16 JUNE

 💢 Update from Mike Bara 6.15.24 

💢Mike: OK, I hate to be the Bara of bad tidings, but I just got info from "The Bondholder" — who is not a bond holder but a bond broker waiting to be paid commissions by the US government for bringing in historic bonds — to the effect that he won't be paid until Tuesday. 

We were hoping he'd been paid already. This would clear the way for Tier 4B, us, to be paid out.

 We were all hoping and waiting for some announcement or notifications this weekend.

 That can still happen, but IMO we don't get paid until after guys like him get paid. So we wait... and hope.